Entrepreneur
Name
Mephew
Member since
January 2017
On-time repayments
96 installments • 36%
About Me
I was born in 1987 in a family of twelve siblings, four boys, six girls, father and my mother. When i attained 4years old, I was enrolled into pry- primary school which was nearby our homestead, called "Happy Kids Academy" for my early age studies. Upon completing my pry-primary school i was enrolled in Ngere primary school for my second stage of early age education in 1993. I completed primary education and graduated in the year 2000. Having passed my primary national examination i was enrolled in Mirogi girls High school for my secondary education in 2001 and successfully completed it in the year 2004. Hardship challenges encountered my life experience immediately after my high school. There was no adequate financial support for my further education. I had to wait praying for miracle to happened in order continue with my learning. I was very lucky to secure sponsorship from the nearby well-wisher and local mission church who came in and supported my university education. I joined Migori teaching college in 2005 and completed in 2008. My life after college has been miserable because i am yet to secure employment and that's why i started this Mpesa shop business to enables me support my siblings education and also pay my bills. My business is quite stable at the moment and has employed two youths and looking forward for your support for its expansion. I am very happy to be born in Lou tribe. The community which is characterized by the most learned people in Kenya and diverse culture. This is only community in Kenya, who go for circumcision not as passage rite but voluntary. Am a single mother of one baby girl and my girl would like to be a doctor when she grow up. On my free time i like watching movies swimming and reading novels.
My Business
My business is Mpesa shop which entails selling of all sorts of food stuff and mobile Mpesa services and Air-tell money services. I venture into this business in 2014 after working in the same business for sometimes and therefore gained some experience on it. I started from my personal savings and some contribution from friends. I started this business after thorough survey, consultation and assessment. I realized that there was no mobile money Mpesa around making more suited business to venture into due to its demand in this place. The business has been the source of my livelihood for now two years by paying my bills, supporting my siblings and am also saving for its expansion.
My business is giving me a profit of approximately 6000kes ($60) in a day, this would be 42000kes($420) in one week and 168000kes($1680) in months. the business is doing better and has employed two employees at the moment and hoping two grow and employee many unemployed youth in future. the business is capable of repaying the loan successfully without fail.
Loan Proposal
This loan would enable me expands my business by buying about two iron sheets at 1000kes($10) and nails at 100kes($1) and I would adds some of my savings to it so that I can pay the labour charge for its expansion. I would also adds the float of both safaricom Mpesa and Airtel money to enable me serves my customers efficiently and effectively.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jan 16, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Aluric Jan 28, 2020
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